Paper production at the Kushiro Plant of Nippon Paper Co., Ltd. will end next summer Domestic demand is sluggish November 5, 18:33
Nippon Paper Industries, a major paper manufacturer, announced that it will end the production of paper for newspapers and magazines at its factory in Kushiro, Hokkaido, which started operations 100 years ago, next summer.
Due to sluggish domestic demand due to the effects of digitalization and the spread of the new coronavirus infection, we plan to retain employment for approximately 250 employees.
The Kushiro Mill of Nippon Paper Industries in Kushiro City will discontinue paper production.
The Kushiro Mill, which started operations 100 years ago in 1918, continues to produce paper for newspapers and magazines, and its current production capacity is 220,000 tons per year.
However, due to sluggish economic activity due to the spread of infection in addition to the progress of digitization, domestic demand dropped sharply, so we left the power generation business in the factory and decided to end paper production in August next year. It was.
Approximately 250 employees who produced paper at the factory will be reassigned to other factories to maintain employment.
Nippon Paper Industries commented, "We anticipate that demand will continue to decline, and with this decision, we will further improve profitability."